BALASORE: The Sub-divi­sional Judicial Magistrate of Balasore on Tuesday granted remand of Artha Tatwa Group CMD Pradip Sethi and director Manoj Patnaik for one more day. Earlier, Sethi was taken on a two-day remand.

Though police had sought their remands separately, the court allowed only one day. Following the court or­der; while Patnaikwastaken on the remand on Tuesday, Sethi is expected to be inter­

rogated on Wednesday. Initially, police were plan­ning to confront Sethi with Patnaik to ascertain the ve­racity of the data and infor­mation the former had given during his remand period.

Later, it decided to inter­rogate Patnaik first and then confront the duo. "We would gather details on his unlaw­ful financial activities in the district besides the activities of Sethi and other officials of his company," a police offi­cial said.

Police said during inter­rogation, Sethi claimed to have mobilised nearly 50 crore from Balasore district and purchased landed prop­erties. While some of the investors have already been provided with land plots as per the agreement with them, many are still in the queue.

Meanwhile, the remand period of Mid East Multi­State Credit Cooperative Ltd's CMD Debesh Kumar Nayak has been completed and he was sent to judicial custody. He was taken on a three-day remand by the Town police.

"Nayak admitted to have collected nearly 20 crore from Balasore district alone," informed the official. The Mid East CMD was produced in the court after medical examination and landed once again in jail after the court denied him bail. While

AT Group has been accused of duping 120 crore in oth­er areas of the State on the pretext of doubling the initial investment in three years, Mid East had allegedly mo­bilised 100 crore from at least six districts of the State.

AT Group chief had re­portedly admitted to have mobilised nearly 300 crore from the State and purchased nearly 200 acres of land in various towns including Balasore, Berhampur, Sam­balpur and in and around Bhubaneswar.

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BEHAMPUR: Investor and agentsof Artha Tatwa (AT) Group on Tuesday took out s rally here on Tuesday, demanding the Government to return their submitted a fiscating properties of the company. They submitted a memeoramdum, addressed to Chief Minister Naveen Patnaik to revenue divisional commissioner.

BHUBANESWAR/KORAPUT: After seizing 1,000 silver coins worth nearly Rs 44 lakh from Seashore Group CMD Prasant Dash's bank locker, the Crime Branch (CB) has launched a drive to locate more silver coins and gold ingots, which the company had allegedly purchased in past few years.

BHUBANESWAR: The government will soon alienate around 100 acre to build affordable houses for economically weaker sections (EWS) at Gothapatna on the outskirts of the city, development commissioner Injeti Srinivas said here on Monday. The government is planning to launch its first such project in the city by August.

BHUBANESWAR: More than 300 architects and engineers converged for two-day training programme organized by Bhubaneswar Development Authority (BDA) in Collaboration with the Confederation On Indian Industry (CII), Odisha State Council, on planning and designing of green building.

BHUBANESWAR: DWELLING at length on the role of housing as a 'growth driver', Harun R Khan, Deputy Governor, RBI, said that housing has been contributing con­tinuously over the years towards country’s GDP. But, there has been lqw mortgage penetration in India at 7 per cent of GDP with scope for further improvement, he added.

BHUBANESWAR: The open space across the City are set to be beautified under the Open Space Management Plan proposed by the Bhu­baneswar Development Au­thority (BDA). According to the proposal, the burial ground in Bomi­khal will be the first open space that the BDA will ren ovate.

BHUBANESWAR: In a bid to make the chit fund scam a major issue in the urban local body (ULB) polls scheduled later this year and the 2014 elections, the State Congress constituted a state-level cell to provide legal assistance to persons defrauded by the finance companies.

BHUBANESWAR: When the Crime Branch claimed to seize two reels of forthcoming Odia movie Matira Bandhan (The Inheritance) as the fraud deposit collection company Seashore head Prashant Dash had invested in it, the same film was already screened at the prestigious Mumbai Film Festival organsied by the Mumbai Academy of Moving Image (MAMI) on October 15, 2011 at Cinemax, Sion between 3.30 pm and 5.30 pm in the Indian Frame category. This was revealed by the programme schedule of the festival.

BHUBANESWAR: India is geared up to face new challenges of doubling the urban land footprint and urban population. The challenge now is to build the future urban India, which is ecologically and economically sustainable by implementing Green Building.